framework within which political solutions can be found. We recall the principles decided at the Rome, Vienna and New York Ministerial meetings. We reiterate our strong support to the Presidency Council (PC) and the Government of National Accord (GNA), headed by Prime Minister Fayez Al Sarraj, as the legitimate executive authorities under the LPA, in line with UN Security Council Resolution 2259, and we underline our firm opposition to any attempt to disrupt the stabilization process. We urge all actors who have a role to play, including those who are still outside the LPA, to engage with a spirit of compromise towards the goal of achieving full political reconciliation, while desisting from actions that would exacerbate internal division and fuel further conflict. We reaffirm our full support to the United Nations Support Mission in Libya (UNSMIL) and its mediation effort. We commend ongoing efforts to bridge political differences and make Libyan institutions more accountable, inclusive and efficient. We commend the continuous efforts of neighbouring countries in support of the LPA within the framework of the UN-led political process. We stress the importance of regional support for Libya and its democratic transition. There is no military solution to Libya’s problems. A solution can only be achieved through inclusive political dialogue and national reconciliation. We share the Libyan people’s desire to transform Libya to become a secure, democratic, prosperous, and unified state, where state authority and the rule of law prevail. We welcome progress made in the Libyan economic dialogue and recall the necessity of an exclusive control of the PC over Libyan economic institutions and resources We continue to encourage effective cooperation between the PC, the GNA, and the Central Bank of Libya (CBL) to ensure the GNA has the necessary tools to implement its fiscal and monetary policies for the wellbeing of all Libyans. We call on the GNA and CBL to fully implement their agreement to keep the legitimate economy functioning, ensure the necessary funds for government activities, bring the budget under control and end the liquidity crisis. We particularly urge all parties to refrain from escalating tension in the Oil Crescent, as well as to work towards a durable solution that safeguards all petroleum infrastructure, resources and revenues for the benefit of all Libyans. We support the fulfilment of the LPA’s mandate to keep oil infrastructure, production, and export under the exclusive control of the National Oil Corporation (NOC) acting under the authority of the PC. All oil revenues generated by the NOC must be transferred to the CBL, which must put the Joint Communiqué | G7 FOREIGN MINISTERS MEETING 11